Montana · Nonprofit
HOMEWORD INC
HOMEWORD INC (Montana) receives grants from 22 organizations whose IRS filings report $1,906,177 to it, the largest being MONTANA HOMEOWNERSHIP NETWORK INC ($1,195,745). 11 of them have funded it in more than one year.
- Revenue FY2025
- $10M
- Funders on record
- 22
- Grants received
- $1.9M
- Net assets
- $41M
What Homeword Inc does
Mission
Homeword uses sustainable methods to provide safe, healthy homes that people can afford and strengthens the community through housing counseling and education.
As stated on its FY2025 Form 990.
Programs
Property management:daily activites are contracted with qualified third-party property management companies. Homeword oversees the asset management of the developed properties including regulatory compliance and financial management once housing development completes construction and development of the properties.
$7,463,568 spent84% of program spendingHousing development:housing development provides homes people can afford to families with lower income through development of single-family and multi-family projects and preservation of existing homes. Development is also responsible for the formation of tax credit partnerships and other legal entities created for the purpose of ownership and development. Costs include staff wages, unrecouped expenses associated with new or rehabilitation predevelopment and construction managements costs. Nearly all of development income is generated via federal and state grants and is passed through directly to the projects in forms of loans and equity. Homeword retains a portion of any developer fee not deferred for operations.
$584,035 spent7% of program spendingASSET MANAGEMENT:Asset Management is responsible for managing Homeword's properties.
$420,713 spent5% of program spendingHome ownership center:homewords home ownership center provides a variety of counseling and education services to people living with low to moderate incomes at no costs, including homebuyer, finanical and renter education and counseling. Since 1997, homeword has empowered over 19,500 people. Costs associated with the home ownership center include staff wages, office space rent, training supplies, child care, and other costs incurred in providing the training and counseling services.
$368,742 spent4% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,837,058.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $50M to $59M (+16%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 6% · 2019 14% · 2020 34% · 2021 22% · 2022 39% · 2023 16% · 2024 9% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.
16% of HOMEWORD INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 9 funders, grant income rose $117k → $300k.
3 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOMEWORD INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HOMEWORD INC leans on a few funders — its largest provides 63% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOMEWORD INC.
Largest funder’s share by year: 2017 75% · 2018 85% · 2019 46% · 2020 93% · 2021 39% · 2022 62% · 2023 54% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of HOMEWORD INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
69% of HOMEWORD INC's grant income comes from Montana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $18k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HOMEWORD INC holds deeper cash reserves than three-quarters of the 449 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025
Government funding HOMEWORD INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $475k on record.
- Department of Agriculture$475k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HOMEWORD INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Montana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 15 related entities
- Hw-Phillips Street LLC · disregarded
- Fireweed Court LLC · disregarded
- Lenox Flats LLC · disregarded
- Gold Dust LLC · disregarded
- Hw Investment Fund LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for HOMEWORD INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOMEWORD INC?
- HOMEWORD INC (Montana) receives grants from 22 organizations whose IRS filings report $1,906,177 to it, the largest being MONTANA HOMEOWNERSHIP NETWORK INC ($1,195,745). 11 of them have funded it in more than one year.
- How many funders does HOMEWORD INC have?
- IRS filings report 22 organizations giving $1,906,177 in grants to HOMEWORD INC, 11 of which have funded it in more than one year.
- Who is the largest funder of HOMEWORD INC?
- MONTANA HOMEOWNERSHIP NETWORK INC is the largest funder on record, with $1,195,745 in grants. The full list of funders is on this page.
- How can an organization like HOMEWORD INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Homeword →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing